Sunday, September 21, 2008

Wall Street Wipeout Wordie

Now, what other blogger breezily cooks up a broth that combines these ingredients: Wall Street, "Wipeout," and Wordie vocabulary entertainment?

As for Wall Street, the recent debacle speaks for itself. Well, it doesn't speak for itself, not anymore. For good or ill, capitalism as we know it ended on September 16-17, when the U.S. government agreed to nationalize American International Group, or A.I.G., by lending (lending?) it $85 billion, with a B. So, the Fed speaks for Wall Street, as well as America's new unelected president, Treasury Secretary President Henry M. Paulson Jr.

(Hang on, I'll tie these all together tighter than a corset giving Joan Holloway a scrumptious "figure 8" figure on AMC's series "Mad Men," which will win some Emmys tonight.)

As for smiling contagiously through the toughest of times, there's Jessica Bertoni. Oh yes, she smiled in the mud and the muck, the dirty water sullied by defeat and frustration. She even smiled when ruthlessly sucker punched on a "Wipeout" episode that aired 7/29/08. Smiled! Genuinely! Bless her.

As for the word of the week, Paulson supplied it when he said: "And we talked about a comprehensive approach to deal with the illiquid assets on financial institutions' balance sheets."


He should have said ill liquid.


As in ill liquid assets (or illiquid, for the formerly uppercrust, which reminds me of the Bob Dylan line "when you ain't got nothin' you got nothin' to lose.")

Illiquid, as in that muck you see on "Wipeout."


I mean, "Wordie!"

1 comment:

Patti said...

I got a tad confused.

Never heard of "Wipeout."